Borrow More and Reduce Your Tax Bill with a Ltd Company Buy to Let Mortgage

Get the best return on your property investment with help from Andy – an experienced mortgage adviser, landlord and lettings agent

Save tax on your buy to let income

Get a larger mortgage

Free property investment advice

Limited Company Buy to Let Mortgages

Buy to let mortgages have become a lot more complicated in the past few years. This means that if you rush in and apply for a mortgage without getting proper advice you could easily find yourself paying more tax than you need to and being restricted on the amount you can borrow.

The problem is that mortgage lenders are now required to make sure that the rental income you’re going to receive as a buy to let landlord will be enough to cover not just your mortgage, but also all the other expenses that you’re going to have. 

Not only that, but the lender needs to be satisfied that the income will be enough not just now when you’re taking out the mortgage, but also in the future when interest rates are likely to be higher.

This is called stress-testing. And it’s certainly proving to be quite a stressful thing for a lot of the existing and would-be landlords we’re speaking to at the moment!

But, fortunately, there is a solution - which is to set up your own limited company and arrange your buy to let mortgage via that company. 

If you do this, you’ll usually be able to obtain a larger mortgage than you would if you applied personally. And, depending on your situation, this can also save you a lot of tax.

At More Than Money, we’re experts at helping new and experienced landlords obtain better buy to let mortgages by using a limited company (also known as a special purpose vehicle or SPV). 

Plus we can give you advice on how to choose the right buy to let property that will help you maximise your return on investment. That’s because Andy, who heads up our mortgage department, is himself a long-time landlord who also runs his own lettings agency - so he knows the buy to let market inside-out.

Fill in our quick enquiry form and we’ll provide you with all the help and advice you need to make your next buy to let investment a success. Alternatively, give us a call on 01233 555 454 and ask to speak to Andy.

Why Choose Us?

Maximise Your Return on Investment

Here at More Than Money we specialise in arranging buy to let mortgages via a type of limited company called a Special Purpose Vehicle (SPV). By using an SPV you can typically get a larger buy to let mortgage and it can also provide opportunities for you to save a lot of tax.

Not all mortgage brokers are up to speed with how SPVs work so you could lose out on these benefits if you go to a non-specialist broker or direct to your own bank.

Getting a good return on your buy to let investment isn’t just about choosing the right type of mortgage. You also need to buy the right kind of property - one which will be easy to rent out and where the value of the property is going to increase at an above-average rate. 

Andy, our buy to let mortgage specialist, has 28 years’ experience as a mortgage adviser and is also a successful landlord. This, coupled with the fact that he also runs his own lettings agency, means there’s no one better placed to help you get the right mortgage and advise you on choosing the best investment property.

Get a Bigger Mortgage

If you take out a buy to let mortgage personally, the lender will want you to prove that your rental income will cover 145% of your mortgage payments in the event that interest rates increased to 5.5%.

But if you get your buy to let mortgage through a limited company you’ll only need to show you can cover 125% of the mortgage payments – meaning you can borrow a larger amount against the same buy to let property.

Hassle-Free Process

Because we specialise in buy to let mortgages, we can very quickly work out which lenders are most likely to offer you a mortgage – even now when rates are going up and the banks are changing their lending criteria all the time. So we won’t waste your time or risk damaging your credit rating by applying to lenders who are unlikely to approve you.

We know exactly which bits of paperwork each lender will want to see from HMRC, Companies House, you, your bank, and your company. So you won’t have to waste time figuring all that out yourself.

And if you don’t yet have a limited company set up, we can handle all that for you and get a new company incorporated for you within 24 hours.

No Call Centres

More Than Money was founded by a father-and-sons team who were fed up with hearing how people were being given bad financial advice and ending up with the wrong kind of mortgage.

We’ve remained family-run to this day, with no call centres. That means that you’ll always speak directly to a named UK-based advisor who can give you the accurate and personalised insurance advice that you need to ensure you get the right mortgage for your unique situation.

Client Testimonials

How You Can Make Sure You Get the Right Mortgage


1. As above

Complete our simple online form and one of our experts will call you back

2. Best mortgage Change insurers to lenders

Right after we’ve taken a few details, we’ll start searching our panel of insurers to find the one that’s right for you

3. We’ll handle everything

Once we’ve helped you pick the right mortgage we’ll take care of all the paperwork for you and set up a limited company for you if required

4. …until your application is accepted

And picking the best lender, we’ll make sure you get the mortgage you need without any fuss


How We Helped Tom

Client: Tom and Emma
Mortgage Agreed:
 19/05/2021
Location: 
Ashford, Kent
Type of Mortgage:
 Help to Buy


Tom and Emma came to us after a referral from a previous customer we helped. They were both first time buyers and were living in rented accommodation.

They wanted to go down the Help to Buy route as they had seen a nice new build house in Ashford they liked. They spoke to one of our advisors Andy over the phone, who on the first call found out everything he could about Tom and Emma, their situation and affordability.

Andy then went away in his own time to research what options they would have available and what size mortgage he could get them. After Andy found a Mortgage which matched what Tom and Emma could afford to pay, he called them back to explain what he found and put it into an email so they could go through it in their own time.

When Tom and Emma were ready to complete an application, Andy was there to help them get set up from start to finish.

Let’s just say they are now happy homeowners…

How We Helped Linda

Client:  Karen and John
Remortgage Agreed: 01/05/2021
Location: Ashford, Kent
Amount saved per month:
 £160

Karen and John are long standing clients of ours. They came to us to re-mortgage as their fixed rate was coming to an end. They spoke to our mortgage advisor Andy, on the first meeting he found out everything he could about their current situation and affordability.

Andy then went away in his own time to research what options they had available to them and how much he could save them. Andy found a Mortgage with a lower interest rate, which saved them around £160 per month.

He called them back to explain what he found and put it into an email so they could go through it in their own time.

When Karen and John were ready to complete an application, Andy was there to help them get set up from start to finish. Let’s just say they are now happy customers (again)…

About Us

 At More Than Money we're all about our family looking after your family. When the three of us - the bearded trio of Andy Stevens and his twin sons, Sam and Luke - started this business we were determined to make life easier for people to get decent financial advice.

All too often, people end up with the wrong kind of mortgage after speaking to inexperienced financial advisers or mortgage brokers who give poor advice. And by the time these errors come to light, it's often too late. We're here to change that.  

We work across the whole of the UK. So whether you want to come and see us in our offices in Ashford in Kent, or talk to us via phone or Zoom, we're here to make sure that as many new and experienced landlords as possible get the mortgage and property advice they need to make a success of their buy to let investments.


We Work With Over 80 Lenders To Get You The Best Deal On Your Mortgage

FAQs:

What banks or lenders do you have access to?

We are known as whole of market. This means we have access to every bank and lender.

How quickly can I get a mortgage?


From first initial appointment to move in day, on average this will take around 2-3 months.

Do you charge any upfront advice fees?

No. Our advice fees are only charged when your re-mortgage goes through, if we can’t help you re-mortgage, you won’t pay us a penny. 

Can I use the equity in my home as a deposit?

Yes. You can use the equity in your current property to help you purchase an investment property. Even if you have a mortgage on the property, you will likely have enough equity to purchase an investment property.

How much deposit do I need?

Generally speaking, a deposit of 20% of the value of the property will save you from incurring additional fees such as Lenders Mortgage Insurance. Some lenders will let you borrow up to 95% of the purchase price and then let you borrow the cost of the Lenders Mortgage Insurance on top of that.

I have been pre-approved – what does this mean?

This means that a quick check on your serviceability of a loan has been done and it is calculated that you should be able to make mortgage repayments on the amount you have been pre approved for.

Ltd Company Buy to Let Mortgages

Save tax on your buy to let income

Get a larger mortgage

Free property investment advice

More Than Money is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority. Registered as a Company in England and Wales No. 11698896. Registered Office: Henwood House, Henwood, Ashford, Kent TN24 8DH.

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